November 11, 2010
Level 3 News (Nasdaq: LVLT)
Level 3 Communications, Inc. (NASDAQ: LVLT) today announced that it has been selected to serve as a primary content delivery network (CDN) provider for Netflix, Inc. to support the company’s streaming functionality and to support storage for the entire Netflix library of content. As a result of the deal, Level 3 has accelerated plans to [...]
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October 28, 2010
Level 3 News (Nasdaq: LVLT)
Third Quarter Financial Highlights Consolidated revenue increased sequentially to $912 million Core Network Services revenue grew 1 percent sequentially and 1 percent year-over-year; 2 percent year-over-year growth on a constant currency basis Strong Communications Gross Margin and Communications Adjusted EBITDA Margin performance Consolidated Adjusted EBITDA grew to $218 million from $209 million in the prior [...]
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